Daejeon City, 13 Banks, and Daejeon Credit Guarantee Foundation to Provide 600 Billion Won in Support for Small Business Owners

Ultra-Low Interest Funding Support for Small Business Owners
Business Agreement Signed

From the left, Seomyeongjin, Branch Manager of IBK Industrial Bank of Korea Daejeon Jungang Branch; Jang Munja, Representative of KB Kookmin Bank Chungcheong Regional Headquarters; Hwang Wooyeol, Head of Loan Business Division at KakaoBank; Kim Hongyong, Vice President of Jeonbuk Bank; Lee Dongyeol, Vice President of Chungcheong Hana Group; Yang Pilhwan, Chairman of Daejeon Credit Guarantee Foundation; Lee Jangwoo, Mayor of Daejeon; Hwang Jinseon, Head of NongHyup Bank Daejeon Headquarters; Jeong Taeyong, Head of Shinhan Bank Daejeon Sejong Headquarters; Choi Beomryeol, Head of Daejeon Chungnam Regional Headquarters at National Credit Union Federation of Korea; Kim Hyeongyun, Head of Woori Bank Daejeon Chungcheongnam Sales Headquarters; Park Jaemyeong, Head of NongHyup Federation Daejeon Headquarters; Park Ildong, Head of Management Support Department at Saemaeul Geumgo Central Association Daejeon Sejong Chungnam Regional Headquarters; Min Wonki, Head of Busan Bank Daejeon Financial Center; Cha Seonghan, Deputy Branch Manager of Sh Suhyup Bank Chungcheong Regional Financial Headquarters. (Photo by Daejeon City)

Daejeon City will provide 600 billion won in ultra-low interest funds for small business owners this year, continuing the initiative from last year.

On January 6, Daejeon City signed a financial business agreement for the 2026 ultra-low interest funding support for small business owners with 13 commercial banks and the Daejeon Credit Guarantee Foundation.

This year as well, the city plans to secure 600 billion won in ultra-low interest funds and actively support small business owners to ease their financial burden and ensure business stability.

Lee Jangwoo, Mayor of Daejeon, stated, "We will make Daejeon a city where small business owners can thrive, and revitalize traditional markets and local commercial districts, establishing Daejeon as a top-tier economic city."